Brevan Howard Capital Management LP boosted its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) by 31.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,343 shares of the financial services provider’s stock after acquiring an additional 3,447 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Jones Lang LaSalle were worth $4,278,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of the stock. Cinctive Capital Management LP purchased a new stake in shares of Jones Lang LaSalle during the third quarter worth approximately $4,515,000. Bamco Inc. NY increased its stake in Jones Lang LaSalle by 8.8% in the 3rd quarter. Bamco Inc. NY now owns 564,097 shares of the financial services provider’s stock valued at $168,259,000 after buying an additional 45,733 shares during the period. California Public Employees Retirement System raised its position in Jones Lang LaSalle by 3.1% during the 3rd quarter. California Public Employees Retirement System now owns 92,560 shares of the financial services provider’s stock worth $27,609,000 after buying an additional 2,813 shares during the last quarter. Boothbay Fund Management LLC acquired a new stake in shares of Jones Lang LaSalle in the 3rd quarter worth $3,842,000. Finally, Alliancebernstein L.P. boosted its holdings in shares of Jones Lang LaSalle by 5.2% in the third quarter. Alliancebernstein L.P. now owns 598,980 shares of the financial services provider’s stock valued at $178,664,000 after acquiring an additional 29,560 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.
Jones Lang LaSalle News Summary
Here are the key news stories impacting Jones Lang LaSalle this week:
- Positive Sentiment: JLL unveiled “Accelerate 2030” with long‑term targets (8% revenue, 12% adj. EBITDA, 16% adj. EPS growth) and said it will boost buybacks to $3B, including a $200M accelerated repurchase — strong cash‑return signal and strategic focus on data/AI services. PR Newswire
- Positive Sentiment: MarketWatch coverage highlights JLL increasing its share‑buyback to $3B — a direct shareholder‑value action that reduces float and typically supports the stock. MarketWatch
- Positive Sentiment: Analysts lifted estimates: Zacks Research raised Q1–Q4 and multi‑year EPS forecasts and has a “Strong‑Buy” stance — upward revisions bolster near‑term earnings expectations and valuation upside. Zacks
- Positive Sentiment: Broader analyst sentiment shows elevated price targets (consensus midpoint well above current levels) and multiple buy/strong‑buy ratings — analyst support helps momentum and investor confidence. Zacks Analysts Roundup
- Positive Sentiment: Technical/market factors: short interest has declined (~13.5% month‑over‑month), lowering short‑pressure and supporting upside potential.
- Neutral Sentiment: Routine index/disclosure activity: a share‑sale disclosure tied to Russell 1000 rebalancing was reported — informational rather than operational. KalkineMedia
- Negative Sentiment: Insider sale: Director Deborah McAneny sold 2,500 shares (~$751k) on March 10 — a modest negative signal on insider conviction, though size is small relative to institutional holdings. SEC filing: SEC Form 4
- Negative Sentiment: Barclays trimmed its price target slightly (from $360 to $355) and moved to an “equal weight” rating — a modest cautionary note versus other bullish coverage. Benzinga
Insiders Place Their Bets
Analyst Ratings Changes
A number of brokerages recently commented on JLL. UBS Group raised their price objective on shares of Jones Lang LaSalle from $410.00 to $425.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Wall Street Zen raised Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. Barclays decreased their price target on Jones Lang LaSalle from $360.00 to $355.00 and set an “equal weight” rating on the stock in a research note on Friday. Weiss Ratings raised Jones Lang LaSalle from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Finally, Zacks Research raised Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Jones Lang LaSalle presently has an average rating of “Moderate Buy” and a consensus price target of $363.17.
Check Out Our Latest Research Report on Jones Lang LaSalle
Jones Lang LaSalle Stock Performance
Shares of JLL opened at $299.15 on Monday. Jones Lang LaSalle Incorporated has a 12-month low of $194.36 and a 12-month high of $363.06. The stock has a market cap of $14.01 billion, a P/E ratio of 18.23 and a beta of 1.42. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average of $328.18 and a two-hundred day moving average of $318.37.
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The financial services provider reported $8.71 earnings per share for the quarter, topping analysts’ consensus estimates of $7.25 by $1.46. Jones Lang LaSalle had a net margin of 3.03% and a return on equity of 12.50%. The business had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.45 billion. During the same period last year, the company posted $6.15 EPS. The company’s revenue was up 11.7% on a year-over-year basis. As a group, research analysts predict that Jones Lang LaSalle Incorporated will post 16.45 EPS for the current fiscal year.
Jones Lang LaSalle Profile
Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.
Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.
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